RMLS Market Action Report Dec. 2011

It's the time for Portland metro market action report for the month of Dec. 2011.

In a nutshell, last year ended on a good note with improvement in sales activity compared to Dec. 2010. 

Closed sales increased by 10.3%. However the average sale price for Dec.2011 was down 6.2% compared to Dec. 2010. For the year the average sale price dropped 6.7% compared to 2010.

For more details, see the link.